• No Management Company, So The Buyer's Solicitor Wants To Knock £7000 Off The Agreed Price!

    By Guest on 20th May 2017

    Hi

    I'm selling my mum's maisonette in Liverpool, a deceased property to settle an estate. Because of problems with the first lot of time-wasters and their idiot solicitor wanting the lease rewording, we now have cash buyers whose solicitor is griping that because I stated on the questionnaire that there's no management company maintaining things like the gardens and repairs, they've told the estate agent they want to knock £7K off the agreed price. You can imagine what I said! Are they within their rights to do this? He's saying that they might find it a problem later on when they come to sell the property themselves.

    For a start, how will knocking down the price in anyone's universe solve the problem of there being no management company!?!

    These are self-contained flats with a leasehold landlord who is neither use nor ornament, they just collect their £15 yearly ground rent and do one. The neighbours, if they want any repairs done, sort it out amongst themselves; Mum and Dad lived in the top floor flat and got cavity wall insulation so they went halves with the downstairs neighbours; there is a communal driveway and fences, but any issues the neighbours would manage these themselves.

    What also annoys me is I hadn't heard from my solicitor in weeks and was under the impression that no news was good news. I called her as soon as I'd spoken to the estate agent and she had no idea what the buyers' solicitor was on about because she hadn't heard from them for weeks and had been chasing them up! She was gobsmacked about them bringing up a management company and wants information from them in writing. As far as I know there's never been one (the probate solicitor has the deeds) and if there is how do I find out who it is?

    They'll be wanting servants and a butler next! I'm sticking to my guns and not budging on the agreed price!

    Sorry for the rant, but this sale has been dragging on and on for months! I had to tell the last lot of buyers to jog on because their solicitor went dark, too, refusing to speak to my solicitor, and I can see me doing the same with this lot! I can't stand time-wasters!

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